621 Bouny St, New Orleans, LA, 70114 | $190/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New Orleans at 621 Bouny St, New Orleans, LA, 70114 offers a 8.28% rental yield on a $269,900 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,321/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,282/yr on $89,472 to close, and return on cash invested stands at 22.46% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 116.57% and total cumulative return in cash at $104,298. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1979

2,744 sqft lot

$N/A/sqft

No HOA